Shakti Press Limited received unanimous approval to alter and increase its authorized share capital from ₹31.53 crore to ₹50.43 crore during an Extra Ordinary General Meeting held on 25 June 2026. The resolution, which also includes an amendment to Clause V of the Memorandum of Association, was passed with 100% of votes in favour, allowing the company to expand its equity base.

The meeting was convened through Video Conferencing and Other Audio Visual Means (OAVM) at 12:30 PM and concluded at 1:10 PM. Shivani Goydani, Company Secretary & Compliance Officer, presided over the proceedings, confirming the requisite quorum was present before the business transacted.

Business Transacted

The sole agenda item focused on the capital restructuring. The approval enables the company to issue additional shares in the future, supporting potential fundraising or corporate restructuring activities.

All procedural requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 were met, and the proceedings have been submitted to the BSE Limited.

Shakti Press Ltd has successfully allotted 2,46,41,400 Rights Equity Shares to eligible shareholders, raising a total of ₹4928.28 Lakhs to fund its corporate objectives. The allotment was approved by the Board of Directors during a meeting held on June 05, 2026, following the finalized Basis of Allotment established in consultation with BSE Limited. This issuance marks the completion of the company's Rights Issue process, which was executed in accordance with the Letter of Offer dated April 29, 2026.

The Rights Equity Shares carry a face value of ₹10 each and were issued at a premium, with the issue price fixed at ₹20 per share. The proceeds from this issue are intended to strengthen the company's financial position and support its strategic initiatives.

Allotment Details

The specific breakdown of the allotment is as follows:

Monitoring Agency Appointment

To ensure transparency and accountability in the deployment of the funds raised, the Board has appointed Brickwork Ratings India Private Limited as the monitoring agency. This appointment is in compliance with Regulation 32 of the SEBI (LODR) Regulations, 2015 and other applicable SEBI guidelines. The agency will oversee the utilization of the proceeds, ensuring adherence to the stated objectives.

The Board meeting, which commenced at 7:00 PM and concluded at 7:50 PM, also reviewed the consent letter from Brickwork Ratings India Private Limited confirming their acceptance of the role.